Catholic Dioceses and Schools Confront $800 Million Pension Fund Shortfall
Christian Brothers Services is asking Catholic institutions to sharply increase their pension contributions to cover the shortfall — a cost some say they cannot absorb.
Christian Brothers Services is asking Catholic institutions to sharply increase their pension contributions to cover the shortfall — a cost some say they cannot absorb.
The last public report from the Holy See was from 2020 — published in 2021 — and showed a deficit of 66.3 million euros ($77 million).
COMMENTARY: The laity’s role isn’t about changing doctrine — it’s about promoting holiness and confronting corruption, especially in matters of abuse and financial oversight.
Parishes coping effectively have cultivated discipleship, transparent and accountable stewardship, and co-responsible governance.
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